Ranch House and 25 Acres for Sale in Yukon

All this in Yukon for just $575,000

This Amazing home was remodeled from floor to ceiling in 2015 with an open concept. Wow new HVAC System 2015, New heat pump & water softener 2015. Well water & septic tank, new lighting through out, Wood like Porcelain tile floors throughout, wood burning fire place to cozy up to, raised ceiling in formal great room, built ins, double pane windows. Open kitchen with plenty of counter space and storage, stainless steel appliances, dishwasher, refrigerator, builtin in convection oven, built in microwave, granite counter tops. Knotty Alder woodwork on ceilings, trim and doors. Want to step outdoors do so through the front and back patios. Have cattle or horses? We have an amazing 50’x 60′ Morton Barn, steel storage container, 6 horse hydraulic horse walker, Horse training area, 150′ x 250′ roping area, beautiful pasture and pond, red clay, no way we have sandy soil, the entire property is fenced and North Canadian River is north boundary…A dream home waiting for you. Call us today!!

OKC Real Estate Market

Special thanks to Geoff Williams at Money.USNes.com
When Laurence DeGaris moved into his first house last August, at the age of 49, the University of Indianapolis marketing professor quickly found himself missing some of the pleasures of renting.

“The best thing in my old place was Lou,” DeGaris says. “Faucet leaking? Call Lou. Air-conditioning not working? Call Lou. Now that I’m a homeowner, I got no ‘Lou.’ You know anyone who does gutters in Indianapolis?”

Is it better to rent or buy a house? That’s a question virtually all adults ask themselves at one point or another, and especially around this time of year, as some people consider their goals and plans for the year ahead. So before you answer the question, here are some other questions you should ask yourself first.

Is it important that your house is an investment? If it’s very important, you might want to rethink your future living arrangements. “Americans were used to their homes being a store for wealth – something to liquidate in retirement and downsize,” says Scott Shellady, a senior vice president of derivatives for Trean Group, a futures and commodities exchange in Chicago. “No longer the case. Houses can go down just as easily as they go up.”

He adds: “The bull run in housing we saw in the ’90s and early 2000s will not happen again in our lifetime.”

Shellady also cautions prospective homeowners to think about the health of the city they want to live in before taking out a mortgage. “Bankrupt municipalities can’t put out fires. They can’t stop thieves. They can’t pick up trash and they can’t maintain roads,” Shellady says. “How much would your house be worth if your municipality was in that situation?”

This isn’t to say your house won’t be worth more someday versus when you bought it. But if you want a robust investment portfolio more than you want to buy a house, talk to a financial adviser instead of a real estate agent. Additionally, if you believe you’re going to be in a house less than five years and want to sell it at a profit, most experts suggest it’s safer to stick with renting.

Have you crunched all the numbers? Ron Throupe, an associate professor of real estate at the University of Denver, says the biggest mistake future homebuyers make is comparing a month’s rent to a month’s mortgage payment.

“Many people don’t have all the numbers,” he says. “There are many additional fees you need to include to make a fair comparison: the principal interest, property taxes, property insurance, homeowners association fees and maintenance.”

The maintenance, in particular, can’t be underestimated, he says. As DeGaris found out, if your furnace goes out or a pipe leaks, you have to fix it yourself or hire a professional. And there are other ancillary costs as well. “As a homeowner, you may find you suddenly need lawnmowers and snow shovels and new furniture,” Throupe says. “It all adds up.”

Can you handle the stress? “Most people weigh the financial aspects of buying versus renting, as they should, since it’s the biggest financial decision most people will make. But one big factor to consider when buying a home is stress,” says Tim Lucas, editor-in-chief of mymortgageinsider.com, an informational website.

Lucas says the Holmes and Rahe Stress Scale, a landmark stress study conducted in 1970, ranks many events that go along with buying a home in the top 43 most stressful circumstances in life. Four events are specifically home-related: change in financial state (No. 16), large mortgage or loan (No. 20), change in living conditions (No. 28) and change in residence (No. 32).

“If someone has recently made other life changes such as marriage, which is No. 7, switching careers (No. 18) or having a child (No. 14), it might be wise to postpone buying a home,” Lucas says. “Stress overload can lead to missed payments, which can result in destroyed credit or even losing the home. It’s better to rent if your life is in flux, and then buy when your stress levels are lower.”

Alaska Airlines Indicator Of OKC’s Soaring Business Climate

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OKLAHOMA CITY – Alaska Airlines is now ready for takeoff from Will Rogers World Airport. Employees with Alaska Airlines celebrated their inaugural flight out of Oklahoma City Wednesday afternoon. The airport has been working on bringing the carrier in for about seven years.

“So it’s really great to see it finally happen,” said airport spokesperson Karen Carney.

The non-stop flight will fill a previously unserviced area of the Pacific Northwest, where the need is growing with the city’s soaring aerospace industry. That includes Boeing, who announced last year they are moving another 900 jobs to Oklahoma City.

“We’ve got certainly Boeing and that makes a connection with Seattle, but we’ve also got Tinker Air Force Base, we have Mike Monroney Aeronautical Center and we have all of those associated businesses with those areas,” said Carney.

Oklahoma City Real Estate Investment

When an auto plant closes, it’s usually bad news for the local economy.

When that factory is a mammoth, 4-million-square-foot operation with thousands of highly paid union workers, the shutdown usually means disaster.

Not in Oklahoma City, where the unemployment rate is low and personal income is soaring.

The General Motors plant closed in 2006, but was quickly reinvented as an aerospace repair operation for neighboring Tinker Air Force Base, one of the military’s largest repair facilities.

The current recession has put much of the U.S. on an economic losing streak. But a few places, including Oklahoma City, have missed most of the pain.

This city is perhaps the most surprising. Construction cranes are busy here. New medical buildings are underway. Buildings are being renovated in the historical Bricktown neighborhood. Oklahoma City’s June unemployment rate of 6% was the second-lowest in the nation for metropolitan areas with 1 million or people, says the Bureau of Labor Statistics. Its per-capita income grew 6.9% in 2008 to $40,942, compared with a year earlier, the Commerce Department reported last week. That growth made the city No. 1 in the USA for large metro areas.

What’s Oklahoma City’s secret? “Luck, as much as anything,” says Roy Williams, Chamber of Commerce president and a former economic developer in Phoenix and Ohio. “We’re doing the right things, in the right place, at the right time.”

Government as a strong jobs base

Of the five big metro areas with the lowest unemployment rates — Salt Lake City, Oklahoma City, Washington, San Antonio and Austin — four are state or U.S. capitals and all have a large government workforce.

Oklahoma City’s economy is not only diversified but, by coincidence, is strong in areas that are thriving — or at least not collapsing — in this recession:

•Government jobs: As a state capital, it has a jobs base that enjoys the stability of government — federal, state and local. Despite budget shortfalls across the USA, state and local government are among the few parts of the economy that have added jobs during the recession.

•Medical and education jobs: Oklahoma City has large medical facilities and universities, types of employers that have held up well in the recession.

•Energy jobs: Oklahoma City is home to the state’s two largest oil and gas companies, Devon Energy and Chesapeake Energy.

The city also escaped the real estate bubble.

The area’s median housing price is $129,900, up 4% from a year earlier, according to the National Association of Realtors. Nationally, housing prices were down 14% during that time.

“Our highs are not high, and our lows are not low,” says Michael Bernard, president of the Mid-Continent Oil and Gas Association of Oklahoma.

Retooling a factory

The city’s economic good fortune has been remarkable — even in failure.

Oklahoma City tried to become a hub for manufacturing airplanes, expanding on the aerospace industry that surrounds the Air Force base, says Mayor Mick Cornett, a Republican. “Then comes the recession. People don’t buy new planes. They repair what they’ve got. Oklahoma City does repair and overhaul. Voilà! Better be lucky than smart,” he says.

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Key Realty and Property Management LLC

Karyn Seabrooke

Key Realty and Property Management is a full service real estate company specializing in residential, commercial, investment real estate and offers professional property management. Karyn has been involved in property ownership, management, and real estate development in Oklahoma City since 1994. Meet Karyn Seabrooke